CompanyGraph
What stands out
- Most companies in its industry are interface businesses; this one is a sense-making business
At a glance
- Depends onMidstream position: 5 outgoing, 4 incoming connections
- ScaleMarket cap is $8.21B, above the global median of $1.18B
- FinancialsHigh earnings quality
- Interpretations5 currently firing — 5
What this company is and how it runs — written from structure, not news.
What stands out
- Most companies in its industry are interface businesses; this one is a sense-making business
Sign in to view price data.
Sign inWhat the company actually pays, and whether its own cash supports it.
Dividends view
Yield
0.91%Above 5Y avg (0.62%)
Annual Rate
USD 2.00Paid quarterly
Payout Ratio
18.6%Sustainable
Consecutive Growth
4 yr
Paying Dividends
14 yr
Next Ex-Dividend
Oct 2, 2026
Last Payment
Jul 31, 2026
The reported statements, read against the company's own industry.
Financials view
Market Capitalization
8.21BUSDvs all stocks (USD)
Trailing P/E
20.71xRevenue (TTM)
2.57BUSDvs all stocks (USD)
Profit Margin
16.43%Beta
0.9800xvs all stocks
52-Week Change
-16.25%vs all stocks
Forward Annual Dividend Yield
0.91%vs all stocks
Market Capitalization
8.21BUSDvs all stocks (USD)
Enterprise Value
9.45BUSDvs all stocks (USD)
Trailing P/E
20.71xForward P/E
15.43xPEG Ratio
0.5906xPrice to Sales (TTM)
3.14xPrice to Book (MRQ)
7.88xEnterprise to Revenue
3.68xEnterprise to EBITDA
13.89xGross Margin
63.92%Profit Margin
16.43%Operating Margin
24.22%Return on Assets (TTM)
9.63%Return on Equity (TTM)
31.96%Revenue (TTM)
2.57BUSDvs all stocks (USD)
Revenue per Share (TTM)
64.32USDUpdated Aug 28, 2026Quarterly Revenue Growth
9.60%Gross Profit (TTM)
1.60BUSDvs all stocks (USD)
EBITDA (TTM)
794.90MUSDvs all stocks (USD)
Net Income (TTM)
421.60MUSDvs all stocks (USD)
Quarterly Earnings Growth (YoY)
21.10%Operating Cash Flow (TTM)
646.90MUSDvs all stocks (USD)
Levered Free Cash Flow (TTM)
497.80MUSDvs all stocks (USD)
Forward Annual Dividend Rate
2.00USDUpdated Aug 28, 2026Forward Annual Dividend Yield
0.91%vs all stocks
Trailing Annual Dividend Rate
1.96USDUpdated Aug 28, 2026Trailing Annual Dividend Yield
0.89%vs all stocks
5-Year Average Dividend Yield
0.62%vs all stocks
Payout Ratio
18.60%Revenue
2.45BUSDFY2025 · Dec 31, 2025Cost of Goods Sold
952.90MUSDFY2025 · Dec 31, 2025Gross Profit
1.49BUSDFY2025 · Dec 31, 2025Operating Income
503.90MUSDvs all stocks (USD)
Pre-tax Income
499.00MUSDFY2025 · Dec 31, 2025Income Tax Expense
121.50MUSDFY2025 · Dec 31, 2025Net Income
374.20MUSDFY2025 · Dec 31, 2025EBIT
539.00MUSDFY2025 · Dec 31, 2025EBITDA (Income Statement)
706.20MUSDFY2025 · Dec 31, 2025Selling, General & Administrative
801.00MUSDFY2025 · Dec 31, 2025Other Operating Expenses
-2.20MUSDFY2025 · Dec 31, 2025Non-operating Interest Income
11.40MUSDFY2025 · Dec 31, 2025Non-operating Interest Expense
40.00MUSDFY2025 · Dec 31, 2025EPS (Basic)
8.93USDFY2025 · Dec 31, 2025EPS (Diluted)
8.87USDFY2025 · Dec 31, 2025Basic Shares Outstanding
41.90MSharesFY2025 · Dec 31, 2025Diluted Shares Outstanding
41.90MSharesFY2025 · Dec 31, 2025Net Income from Continuing Operations
374.20MUSDFY2025 · Dec 31, 2025Operating Cash Flow
602.90MUSDFY2025 · Dec 31, 2025Cash & Cash Equivalents (End of Period)
474.50MUSDFY2025 · Dec 31, 2025Income Tax Paid
171.80MUSDFY2025 · Dec 31, 2025Interest Paid
37.30MUSDFY2025 · Dec 31, 2025Starting Profit (CF Statement)
374.20MUSDFY2025 · Dec 31, 2025Depreciation & Amortization
189.90MUSDFY2025 · Dec 31, 2025Deferred Taxes (CF)
-42.20MUSDFY2025 · Dec 31, 2025Stock-based Compensation
56.40MUSDFY2025 · Dec 31, 2025Other Non-cash Items
-3.20MUSDFY2025 · Dec 31, 2025Change in Accounts Receivable (CF)
-26.00MUSDFY2025 · Dec 31, 2025Change in Other Assets/Liabilities
53.80MUSDFY2025 · Dec 31, 2025Net Acquisitions
-43.10MUSDFY2025 · Dec 31, 2025Purchase of Investments
-22.20MUSDFY2025 · Dec 31, 2025Sale of Investments
45.50MUSDFY2025 · Dec 31, 2025Other Investing Activity
27.60MUSDFY2025 · Dec 31, 2025Net Investing Cash Flow
7.80MUSDFY2025 · Dec 31, 2025Long-term Debt Issuance
375.00MUSDFY2025 · Dec 31, 2025Long-term Debt Payments
-800.00MUSDFY2025 · Dec 31, 2025Net Short-term Debt Issuance
350.00MUSDFY2025 · Dec 31, 2025Common Stock Repurchase
-787.00MUSDFY2025 · Dec 31, 2025Common Dividends Paid
-76.90MUSDFY2025 · Dec 31, 2025Other Financing Charges
-25.80MUSDFY2025 · Dec 31, 2025Net Financing Cash Flow
-964.70MUSDFY2025 · Dec 31, 2025Shares Outstanding
37.51MSharesUpdated Aug 28, 2026Float Shares
18.91MSharesUpdated Aug 28, 2026Shares Short
1.54MSharesUpdated Aug 28, 2026Short Ratio
3.88daysvs all stocks
Short % of Shares Outstanding
6.84%vs all stocks
% Held by Insiders
49.67%vs all stocks
% Held by Institutions
66.48%vs all stocks
Total Cash (MRQ)
523.80MUSDvs all stocks (USD)
Total Cash per Share (MRQ)
13.96USDUpdated Aug 28, 2026Total Debt (MRQ)
1.90BUSDvs all stocks (USD)
Total Debt to Equity (MRQ)
1.86xCurrent Ratio (MRQ)
1.06xBook Value per Share (MRQ)
27.29USDUpdated Aug 28, 2026Total Assets
3.59BUSDvs all stocks (USD)
Total Current Assets
1.04BUSDFY2025 · Dec 31, 2025Total Liabilities
2.37BUSDFY2025 · Dec 31, 2025Total Non-current Assets
2.55BUSDFY2025 · Dec 31, 2025Total Non-current Liabilities
1.31BUSDFY2025 · Dec 31, 2025Total Current Liabilities
1.05BUSDFY2025 · Dec 31, 2025Cash & Cash Equivalents
474.50MUSDFY2025 · Dec 31, 2025Other Short-term Investments
54.20MUSDFY2025 · Dec 31, 2025Accounts Receivable
390.40MUSDFY2025 · Dec 31, 2025Accounts Payable
97.90MUSDFY2025 · Dec 31, 2025Short-term Debt
41.80MUSDFY2025 · Dec 31, 2025Deferred Revenue
586.10MUSDFY2025 · Dec 31, 2025Other Current Liabilities
9.30MUSDFY2025 · Dec 31, 2025Long-term Debt
1.22BUSDFY2025 · Dec 31, 2025Other Non-current Liabilities
14.30MUSDFY2025 · Dec 31, 2025Common Stock (Book)
0.00USDFY2025 · Dec 31, 2025Retained Earnings
2.21BUSDFY2025 · Dec 31, 2025Total Shareholders' Equity
1.22BUSDvs all stocks (USD)
Treasury Stock
1.79BUSDFY2025 · Dec 31, 202552-Week Low
141.49USDUpdated Aug 28, 202652-Week High
265.31USDUpdated Aug 28, 202652-Week Change
-16.25%vs all stocks
Beta
0.9800xvs all stocks
50-Day MA
181.20USDUpdated Aug 28, 2026200-Day MA
187.90USDUpdated Aug 28, 2026Avg 10-Day Volume
285.72KSharesUpdated Aug 28, 2026Avg 30-Day Volume
369.01KSharesUpdated Aug 28, 2026Diluted EPS (TTM)
10.38USDUpdated Aug 28, 2026Other Income / Expense
23.70MUSDFY2025 · Dec 31, 20255 interpretations currently present — each is a set of fired observations whose alignment reads as one structural pattern. Click an observation to see the numbers behind it.
Screen for these patternsHow does this company use capital?
Diagnostic
Rising Operating Income With Low Depreciation on a Capital-Heavy Balance Sheet
Operating income rose four years, with small depreciation on a capital-heavy balance sheet.
Reads
Three Asset-Base Ratios Elevated
It gets more sales from its assets than its industry does, and a lot of profit from them too.
Reads
Industry-Benchmarked Return on Capital Elevated
It earns more on its assets and its equity than its industry, and gets more sales from those assets.
Reads
ROE, ROA, And Operating ROA Elevated
It earns more on its equity than its industry does, and on its assets too — not on borrowing alone.
Reads
Is this company growing?
Multi-Year Revenue, Profit, And Income Growth
Revenue has risen in each of three years, gross profit in each of four, and it has made a profit in all five.
Reads
An interpretation is present only while every observation it reads stays fired (score ≥ 70). It describes what the aligned readings show — never a verdict, never a prediction.
Shared structure with peers — never a ranking.
Relationships view
Structural observations derived from financial data, industry benchmarks, and supply chain position.
Structural Tensions
Most companies in its industry are interface businesses; this one is a sense-making businessSignificant
Industry peers: 28.00Share on the common pattern %: 82.00
Financial Health
High earnings qualityNotable
Earnings Quality Score: 1.55
Supply Chain
Midstream position: 5 outgoing, 4 incoming connectionsNotable
Outgoing: 5.00Incoming: 4.00
Scale
Market cap is $8.21B, above the global median of $1.18BNotable
Market cap (USD): 8,208,344,470Global Median: 1,179,398,897.704
Revenue is $2.57B, above the global median of $534.05MNotable
Revenue (USD): 2,566,500,096Global Median: 534,052,387.958
Levered free cash flow is $497.8M, above the global median of $19.23MNotable
Levered free cash flow (USD): 497,800,000Global Median: 19,234,564.734
Companies that share the same coordination system — how they create, deliver, or capture value.
PJT Partners Inc.
Tier 1SenseMakingPlatform IntermediationInterfaceRisk
Perella Weinberg Partners
Tier 1SenseMakingPlatform IntermediationInterfaceRisk
M&A Research Institute Holdings, Inc.
Tier 1SenseMakingPlatform IntermediationInterfaceRisk
FRP Advisory Group PLC
Tier 1SenseMakingPlatform IntermediationRiskInterface
Pia Corporation
Tier 1SenseMakingPlatform IntermediationProductionInterface
Zenrin Co., Ltd.
Tier 2SenseMakingPlatform IntermediationProductionFlow
New Oriental Education & Technology Group Inc.
Tier 3SenseMakingExpertise LeverageProductionInterface
InterDigital, Inc.
Tier 3SenseMakingRecurring-Revenue Lock-InRuleProduction
Caris Life Sciences, Inc.
Tier 3SenseMakingApproval-Gated PipelineProductionInterface
Booz Allen Hamilton Holding Corporation
Tier 3SenseMakingExpertise LeverageProductionRule
Companies that share active interpretations — structural patterns currently present in both stocks.
The Sherwin-Williams Company
5 interpretationsRising Operating Income With Low Depreciation on a Capital-Heavy Balance SheetROE, ROA, And Operating ROA ElevatedMulti-Year Revenue, Profit, And Income GrowthIndustry-Benchmarked Return on Capital ElevatedThree Asset-Base Ratios Elevated
Yankershop Food Co., Ltd.
4 interpretationsROE, ROA, And Operating ROA ElevatedMulti-Year Revenue, Profit, And Income GrowthIndustry-Benchmarked Return on Capital ElevatedThree Asset-Base Ratios Elevated
Badger Meter Inc.
4 interpretationsROE, ROA, And Operating ROA ElevatedMulti-Year Revenue, Profit, And Income GrowthIndustry-Benchmarked Return on Capital ElevatedThree Asset-Base Ratios Elevated